Apple Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Apple Inc. (AAPL) rallied 1.19% to $159.28 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.58% to 11,860.11 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. This was the stock's second consecutive day of gains. Apple Inc. closed $20.33 short of its 52-week high ($179.61), which the company reached on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 0.57% to $273.78, Alphabet Inc. Cl C (GOOGL) rose 3.84% to $105.84, and Alphabet Inc. Cl A (GOOGL) rose 3.66% to $104.92. Trading volume (73.6 M) eclipsed its 50-day average volume of 68.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 16:32 ET (20:32 GMT)
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